Lenderfi, Inc. Mortgage Lending & HMDA Data, 2019

In 2019, Lenderfi, Inc. of Calabasas, CA reported 3,835 mortgage applications totaling $1.3 billion, down 4% from 2018. The average application was for $343,500, and applicants reported an average income of $132,632. 45% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (173), Riverside-San Bernardino-Ontario, CA (146) and Phoenix-Mesa-Scottsdale, AZ (143) (applications in parentheses).

Mortgage Company & Address Lenderfi, Inc.
23875 Ventura Blvd Suite 203b
Calabasas, CA 91302
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  
Total Number of Mortgage Applications 3,835
Total Mortgage Loan Application Amount $1,317,325,000
Average Mortgage Loan Application Amount $343,500
Highest Mortgage Loan Application Amount $5,795,000
Average Applicant Income $132,632
Highest Applicant Income $2,448,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Lenderfi, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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Mortgage Loan Application Detail Totals for Lenderfi, Inc. in 2019

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 2,775 $961,365,000 $346,000 $5,795,000 $133,000 $2,448,000
Cash-out Refinancing 547 $194,785,000 $356,000 $1,665,000 $126,000 $2,138,000
Home Purchase 511 $160,735,000 $314,000 $3,605,000 $138,000 $2,026,000
Not Applicable 2 $440,000 $220,000 $225,000 $66,000 $86,000
Other Purpose 0 $0 $0 $0 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not Provided 1,826 $635,660,000 $348,000 $5,795,000 $129,000 $2,110,000
White 1,228 $400,110,000 $325,000 $3,385,000 $133,000 $2,220,000
Asian 326 $130,860,000 $401,000 $1,695,000 $159,000 $2,040,000
Hispanic 245 $79,035,000 $322,000 $885,000 $130,000 $2,448,000
Black or African American 138 $44,110,000 $319,000 $1,285,000 $108,000 $588,000
American Indian or Alaskan Native 21 $7,345,000 $349,000 $695,000 $145,000 $816,000
Native Hawaiian or Other Pacific Islander 2 $570,000 $285,000 $315,000 $70,000 $81,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 3,451 $1,207,455,000 $349,000 $5,795,000 $138,000 $2,448,000
FHA-insured (Federal Housing Administration) 321 $91,015,000 $283,000 $795,000 $91,000 $2,220,000
VA-guaranteed (Veterans Administration) 63 $18,855,000 $299,000 $695,000 $58,000 $199,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,721 $603,175,000 $350,000 $2,095,000 $129,000 $799,000
Application Withdrawn By Applicant 1,502 $529,290,000 $352,000 $5,795,000 $143,000 $2,448,000
File Closed For Incompleteness 197 $57,615,000 $292,000 $1,285,000 $117,000 $2,040,000
Preapproval Approved but not Accepted 184 $61,210,000 $332,000 $3,605,000 $154,000 $1,680,000
Application Denied By Financial Institution 143 $43,545,000 $304,000 $935,000 $103,000 $2,220,000
Preapproval Denied by Financial Institution 76 $19,200,000 $252,000 $765,000 $55,000 $209,000
Application Approved But Not Accepted 12 $3,290,000 $274,000 $445,000 $109,000 $197,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 3,616 $1,254,580,000 $346,000 $5,795,000 $135,000 $2,448,000
Debt-To-Income Ratio 218 $62,440,000 $286,000 $935,000 $86,000 $2,220,000
Unverifiable Information 1 $305,000 $305,000 $305,000 $87,000 $87,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Lenderfi, Inc.'s 2019 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Lenderfi, Inc.'s mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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